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Politics : Ask Michael Burke -- Ignore unavailable to you. Want to Upgrade?

To: upanddown who wrote (44226)	1/22/1999 11:26:00 AM
From: Knighty Tin	Respond to of 132070

John, I think we have definitely seen some of the stocks reflect the downside of the fundamental situation and I'm getting a little interested in my former punching bag, Mirage, and my old buddie, American Wagering (BETM). MGM's stock price is closer to its yearly high than its low, so I'm not looking there. Ditto for IGT. Slot seems to be on an upswing and is selling at 10 times. In general, I don't like the US stock market, but if any of the bubble bulls have any money left at the bottom, they may try some of the more honest games in Vegas. <G> We desperately need the high rollers from Asia to get back on their feet for a huge pop, but I could see Mirage, Slot and Betm doing well, if not spectacularly, even without that. MB